Janel Riley - 17 Aug 2026 Form 4 Insider Report for Cloudflare, Inc. (NET)

Reporting relationship: Chief Accounting Officer
Issuer ticker: NET
Reported as of: 17 Aug 2026
Net transaction value: -$1,579,995
SEC form: 4
Accepted by SEC: 19 Aug 2026, 17:37:15 UTC
Prior SEC filing: 18 Aug 2026
Source filing: View source filing
Reporting owner signature: /s/ Charlotte Bowe, by power of attorney

Key filing fact

Janel Riley filed Form 4 for Cloudflare, Inc. (NET) on 19 Aug 2026.

Key facts

This page summarizes Janel Riley's Form 4 filing for Cloudflare, Inc. (NET).
14 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 19 Aug 2026, 17:37.

Change

Previous filing in this sequence was filed on 18 Aug 2026.
Current net transaction value: -$1,579,995.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001979391 Primary reporting owner

Riley Janel

Relationship: Chief Accounting Officer
Address: C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO
Signature: /s/ Charlotte Bowe, by power of attorney
Signature date: 19 Aug 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NET transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +1,667
Change %: +3.7%
Price: $67.79^*
Shares after: 46,695
Date: 17 Aug 2026
Ownership: Direct

NET transaction

Class A Common Stock

Sale

Transaction value: $121,416
Shares: -395
Change %: -0.85%
Price: $307.38
Shares after: 46,300
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F2

NET transaction

Class A Common Stock

Sale

Transaction value: $102,408
Shares: -332
Change %: -0.72%
Price: $308.46
Shares after: 45,968
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F3

NET transaction

Class A Common Stock

Sale

Transaction value: $43,350
Shares: -140
Change %: -0.3%
Price: $309.64
Shares after: 45,828
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F4

NET transaction

Class A Common Stock

Sale

Transaction value: $55,947
Shares: -180
Change %: -0.39%
Price: $310.82
Shares after: 45,648
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F5

NET transaction

Class A Common Stock

Sale

Transaction value: $59,211
Shares: -190
Change %: -0.42%
Price: $311.64
Shares after: 45,458
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F6

NET transaction

Class A Common Stock

Sale

Transaction value: $50,145
Shares: -160
Change %: -0.35%
Price: $313.41
Shares after: 45,298
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F7

NET transaction

Class A Common Stock

Sale

Transaction value: $84,893
Shares: -270
Change %: -0.6%
Price: $314.42
Shares after: 45,028
Date: 17 Aug 2026
Ownership: Direct
Footnotes: F1, F8

NET transaction

Class A Common Stock

Sale

Transaction value: $80,800
Shares: -267
Change %: -0.59%
Price: $302.62
Shares after: 44,761
Date: 18 Aug 2026
Ownership: Direct
Footnotes: F1, F9

NET transaction

Class A Common Stock

Sale

Transaction value: $272,823
Shares: -898
Change %: -2%
Price: $303.81
Shares after: 43,863
Date: 18 Aug 2026
Ownership: Direct
Footnotes: F1, F10

NET transaction

Class A Common Stock

Sale

Transaction value: $370,595
Shares: -1,216
Change %: -2.8%
Price: $304.77
Shares after: 42,647
Date: 18 Aug 2026
Ownership: Direct
Footnotes: F1, F11

NET transaction

Class A Common Stock

Sale

Transaction value: $183,947
Shares: -600
Change %: -1.4%
Price: $306.58
Shares after: 42,047
Date: 18 Aug 2026
Ownership: Direct
Footnotes: F1, F12

NET transaction

Class A Common Stock

Sale

Transaction value: $154,460
Shares: -500
Change %: -1.2%
Price: $308.92
Shares after: 41,547
Date: 18 Aug 2026
Ownership: Direct
Footnotes: F1, F13

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NET transaction Derivative

Performance Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -1,667
Change %: -2.3%
Price: $0.000000^*
Shares after: 71,668
Date: 17 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,667
Exercise price: $67.79
Footnotes: F14

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 14 footnotes

Footnote F1

The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2025.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.93 to $307.685, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (13) to this Form 4.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.98 to $308.97, inclusive.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.0575 to $309.795, inclusive.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $310.285 to $311.24, inclusive.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.375 to $311.93, inclusive.

Footnote F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $312.76 to $313.735, inclusive.

Footnote F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $314.215 to $314.49, inclusive.

Footnote F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.41 to $303.31, inclusive.

Footnote F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.485 to $304.385, inclusive.

Footnote F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $304.59 to $305.00, inclusive.

Footnote F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.12 to $307.085, inclusive.

Footnote F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.57 to $309.32, inclusive.

Footnote F14

The remaining shares subject to the option vest quarterly beginning on November 15, 2026.